Centerra Gold Inc. (TSE:CG - Free Report) - Analysts at Scotiabank increased their FY2025 earnings per share estimates for Centerra Gold in a research report issued on Wednesday, January 8th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $0.65 for the year, up from their prior forecast of $0.26.
A number of other research analysts have also recently weighed in on the stock. Raymond James dropped their target price on shares of Centerra Gold from C$13.00 to C$12.50 in a research note on Monday, November 4th. Desjardins raised Centerra Gold to a "moderate buy" rating in a research report on Thursday, October 31st. CIBC dropped their price target on Centerra Gold from C$12.50 to C$9.80 in a research report on Monday, December 2nd. Finally, Royal Bank of Canada cut their price target on Centerra Gold from C$12.00 to C$11.00 in a research note on Tuesday, January 7th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of C$11.28.
Read Our Latest Stock Analysis on Centerra Gold
Centerra Gold Stock Down 2.3 %
Centerra Gold stock traded down C$0.19 during midday trading on Monday, hitting C$8.21. 86,056 shares of the stock were exchanged, compared to its average volume of 340,428. The business's 50-day moving average price is C$8.41 and its 200-day moving average price is C$9.11. The company has a quick ratio of 3.24, a current ratio of 3.79 and a debt-to-equity ratio of 1.29. Centerra Gold has a 52-week low of C$6.07 and a 52-week high of C$10.59. The stock has a market capitalization of C$1.75 billion, a price-to-earnings ratio of 9.77, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23.
Centerra Gold Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were paid a dividend of $0.07 per share. The ex-dividend date was Wednesday, November 13th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.41%. Centerra Gold's dividend payout ratio (DPR) is currently 33.33%.
Centerra Gold Company Profile
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Centerra Gold Inc, a gold mining company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally. The company explores for gold, copper, and molybdenum deposits. Its flagship projects are the 100% owned Mount Milligan gold-copper mine located in British Columbia, Canada; and the Öksüt gold mine located in Turkey.
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